DEBT (Details Narrative) - Chief Executive Officer and President - USD ($) |
12 Months Ended | |
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Dec. 31, 2020 |
Oct. 16, 2018 |
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| Accrued salary and bonus | $ 1,000,000 | |
| Convertible note payable | $ 1,000,000 | |
| Debt conversion, description | The Company has several notes that are convertible into the Company or the Company’s subsidiaries shares at different prices: ranging from $0.03 per share into the parent company’s stock and up to $1.48 per share into a subsidiary’s common stock. | |
| Interest rate, description | These notes are past due their original maturity date and they continue to accrue interest at varying rates, from 8% to 10%. | |
| Derecognized outstanding liabilities | $ 700,000 |
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- References No definition available.
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- Definition Carrying value as of the balance sheet date of the obligations incurred through that date and payable for employees' services provided. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Including the current and noncurrent portions, carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The name of the original debt issue that has been converted in a noncash (or part noncash) transaction during the accounting period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. No definition available.
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- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. No definition available.
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- Details
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